U.S. Steps Up Its Attacks on ISIS-Controlled Oil Fields in Syria

01 November 2015

The United States and its allies have sharply increased their airstrikes against the sprawling oil fields that the Islamic State controls in eastern Syria in an effort to disrupt one of the terrorist group’s main sources of revenue, American officials said this week.

For months, the United States has been frustrated by the Islamic State’s ability to keep producing and exporting oil — what Defense Secretary Ashton B. Carter recently called “a critical pillar of the financial infrastructure” of the group — which generates about $40 million a month, or nearly $500 million a year, according to Treasury Department estimates.

The goal of the operation over the next several weeks is to cripple eight major oil fields, about two-thirds of the refineries and other oil-production sites controlled by the Islamic State, also called ISIS or ISIL.